Stellantis revives a small EV for the US starting at $34,095
The 2024 Fiat 500e.
DETROIT – Stellantis is reviving the all-electric Fiat 500e for the US market, as the automaker begins releasing electric vehicles at home to meet strict fuel economy regulations.
The small city car is expected to go on sale first as a “(500e) RED” special edition model early next year, starting at $34,095, Stellantis said Tuesday. It was not immediately clear whether the vehicle is eligible for a federal EV subsidy or tax credits under the Inflation Reduction Act outside of a lease.
The 500e is the first electric vehicle that Stellantis has offered in the US since the company was founded in 2021. , with several additional all-electric models planned in the coming years.
At just over 3,000 pounds, Stellantis says the 500e is expected to be the lightest electric vehicle in the segment. However, it is also expected to offer lower range and power compared to many other EVs on sale today.
The vehicle, which will be imported from Italy, will feature 162 pound-feet of torque, an estimated 149 miles of range and a 0 mph to 60 mph time of 8.5 seconds. That performance is better than some EVs but still far below the less expensive Chevrolet Bolt with 259 miles of range on a single charge and 266 foot pounds of torque, for example.
The electric Fiat 500e as well as gas-powered models of the car were previously built at a factory in Mexico by Fiat Chrysler. Before the vehicle was discontinued in 2019, Fiat Chrysler CEO Sergio Marchionne infamously told customers not to buy the 500e because “every time I sell one, it costs me $14,000.”
The RED model is a collaboration between Stellantis, the company (RED) – a charity founded in 2006 by U2 frontman Bono to fight AIDS – and the ONE Campaign, a non-profit organization focused on eradicating poverty and preventable diseases.
A Fiat spokesperson said additional 500e models will be available at Fiat dealers in the future.
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